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January 1 saw the coming into force of a new nomenclature, which extends Tariff System Codes to 10 digits.

The implementation of the Sixth Amendment to the nomenclature of the Tariff Description and Coding System (SAC by its initials in Spanish) and the extension to more digits of codes for goods that are exported and imported was approved by the World Customs Organization (WCO) on June 27, 2014 in order to maintain, in terms of tariff nomenclature, a common language which facilitates international exchange.

"Only when there are real common external tariffs we will be able to take full advantage of the Agreement with the European Union."

It is still important to keep this issue in mind. This was the warning given by the head of the EU mission in El Salvador, Stefano Gatto, who recalls that the full force of the Agreement with the European Union is contingent upon the existence of a common external tariff by all signatory countries.

Seasoned in negotiations with Europe, Central American employers are demanding to political sectors to accelerate the process for the economic integration of the isthmus.

50 years after the signing of the General Treaty of Central American Integration, over 40 million people living in the region still do not enjoy the economic benefits and development opportunities that could effectively be consolidated if Central America would act as a single economic unit, much like the European Union.

The document lists the services provided by the Customs Directorate and the different customs procedures and regulations.

It was developed by Costa Rica's Customs Directorate (DGA), in collaboration with the United States Agency for International Development (USAID).

It covers various customs topics such as dispatching, regimes, procedures, tariffs, tariff classification, rebuttal and consultation procedures, etc. The guide also includes a comparison of national and regional laws.

The Salvadorian National Association of Private Companies received its Honduran counterpart, Cohep, to analyze the commercial situation.

The Honduran Private Business Council (Cohep, acronym in Spanish) will provide a presentation about the situation that Honduras is going through and the impact it is having on the business sector with losses in the millions.

The regional business sector rejected SICA’s decision to block trade with Honduras because it would affect all the economies of the region.

The closing of Honduras’ borders to trade is rejected by the Central American Federation of Agricultural and Agro-Industrial Chambers because it restricts the freedoms of companies, industry, and commerce.